
Median annual income by major based on data from the Georgetown Center On Education And The Workforce – via blog post: The Most And Least Lucrative College Majors.
As we have posted about for years engineers do very well financially. This chart shows the median income by college major (the data includes those who went on to get advanced degrees) based on data for the USA. See the data on those that only have bachelors degrees. Also see a detailed post from the Curious Cat Economics blog looking at the value of college degrees based on the Georgetown data.
Engineering holds 6 of the top spots in the graph shown above and 8 of the top spots for those that didn’t earn an advanced degree. Pharmacy-sciences-and-administration and Math-and-computer-sciences made the top 10 of both lists. Pharmacology and health-and-medical-prepatory-programs make the list when advanced degrees are included.
The highest earning major, petroleum engineering, with $120,000 doesn’t have an increase for those with advanced degrees. The 10th spot goes to electrical engineering with a $94,000 median income.
Related: No Surprise – Engineering Graduates Continue to Reign Supreme – Engineering Again Dominates The Highest Paying College Degree Programs – Engineering Majors Hold 8 of Top 10 Highest Paid Majors – The Labor Market for Software Developers
The Politics of Anti-Science
Posted on August 30, 2011 Comments (8)
In the 1960’s the USA had an unrealistic view of how much studying and learning about science and engineering could do. Investing is science and engineering is an extremely wise economic (and cultural) endeavor but it isn’t going to solve all the problems that exist. Somehow today we find ourselves with a large number of politically powerful people we take strong anti-science positions. These tactics reduce funding and support for beneficial research and are short sited approaches to public administration. This is an unfortunate turn of events that is damaging the American economy and will have huge damages going forward.
Thankfully other countries have seen how wise investing in science and engineering is and have more than taken up the slack created by the anti-science community. Two favorite tactics of the anti-science leaders is to try and create confusion where there is none and to turn the focus away from serious matters and instead playing silly political games. The silly games will draw donors and voters so if they care about those things more than the country and the future of the country it is a sound tactic. The damage it causes the country however I would hope would limit the use of such tactics however that has not been the case recently.
‘Shrimp On A Treadmill’: The Politics Of ‘Silly’ Studies
The treadmills were just a small part of it, a way to measure how shrimp respond to changes in water quality. Burnett says the first treadmill was built by a colleague from scraps and was basically free, and the second was fancier and cost about $1,000. The senator’s report was misleading, says Burnett, “and it suggests that much money was spent on seeing how long a shrimp can run on a treadmill, which was totally out of context.”
John Hart, a Coburn spokesperson, said in an email that “our report never claimed all the money was spent on shrimp on a treadmill. The scientists doth protest too much. Receiving federal funds is a privilege, not a right. If they don’t want their funding scrutinized, don’t ask.”
What the politicians are doing is exactly what this spokesperson suggests – they are withdrawing from the anti-science culture created by some in Washington: they are moving their research to countries that support rather than attack science. That is a very bad thing for the USA. There are a number of very bad economic policies a government can take. Driving scientists and engineers into the arms of other countries is one of the worst.
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Categories: Economics, Funding, Research, Science, Universities
Tags: commentary, Economics, Funding, John Hunter, npr, politics, Research, Science, scientific literacy